Code Section 957 definition

Code Section 957 means 26 U.S.C. § 957 or any similar statute hereafter enacted having substantially the same purpose and effect as such Code Section.
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Code Section 957 means 26 U.S.C. § 957 or any similar statute hereafter enacted having substantially the same purpose and effect as such Code Section. “Code Section 1291” shall mean 26 U.S.C. § 1291 or any similar statute hereafter enacted having substantially the same purpose and effect as such Code Section. “Code Section 1295” shall mean 26 U.S.C. § 1295 or any similar statute hereafter enacted having substantially the same purpose and effect as such Code Section. “Code Section 1297” shall mean 26 U.S.C. § 1297 or any similar statute hereafter enacted having substantially the same purpose and effect as such Code Section. Appendix A to Amended and Restated Shareholders’ Agreement
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Examples of Code Section 957 in a sentence

  • The Company is not and has never been a “personal holding company” (within the meaning of Code Section 542), a shareholder in a “controlled foreign corporation” (within the meaning of Code Section 957), in a “foreign personal holding company” (within the meaning of Code Section 552), or in a “passive foreign investment company” (within the meaning of Code Section 1297), or an owner in any entity treated as a partnership or disregarded entity for federal income Tax purposes.

  • Neither OCW nor any of its Subsidiaries has ever owned an interest in, (i) a “passive foreign investment company” within the meaning of Code Section 1297, or (ii) a “controlled foreign corporation” within the meaning of Code Section 957.

  • None of the Acquired Companies is or has ever been a “personal holding company” (within the meaning of Code Section 542), or a shareholder in a “controlled foreign corporation” (within the meaning of Code Section 957), a “foreign personal holding company” (within the meaning of ▇▇▇ Section 552), or a “passive foreign investment company” (within the meaning of Code Section 1297).

  • No Company has ever been a "personal holding company" (within the meaning of Code Section 542), a shareholder in a "controlled foreign corporation" (within the meaning of Code Section 957), or in a "passive foreign investment company" (within the meaning of Code Section 552), or an owner in any entity treated as a partnership or disregarded entity for federal income tax purposes.

  • Other than LifeMap Sciences, neither the Company nor any other Acquired Company owns any interest in any “controlled foreign corporation” (as defined in Code Section 957).

  • The Company is not and has never been a “personal holding company” (within the meaning of Code Section 542), a shareholder in a “controlled foreign corporation” (within the meaning of Code Section 957), in a “foreign personal holding company” (within the meaning of Code Section 552), or in a “passive foreign investment company” (within the meaning of Code Section 1297), or an owner in any entity treated as a partnership or disregarded entity for U.S. federal income tax purposes.

  • The Company is not and has never been a “personal holding company ” (within the meaning of Code Section 542), a shareholder in a “controlled foreign corporation ” (within the meaning of Code Section 957), in a 7/3393869.1 - 27 - “foreign personal holding company ” (within the meaning of Code Section 552), or in a “passive foreign investment company ” (within the meaning of Code Section 1297), or an owner in any entity treated as a partnership or disregarded entity for federal income Tax purposes.

  • The Company is not and has never been a “personal holding company” (within the meaning of Code Section 542), a shareholder in a “controlled foreign corporation” (within the meaning of Code Section 957), in a “foreign personal holding company” (within the meaning of Code Section 552), or in a “passive foreign investment company” (within the meaning of Code Section 1297), or an owner in any entity treated as a partnership or disregarded entity for federal income tax purposes.

  • Neither the Company nor any of its Subsidiaries is a “controlled foreign corporation” as defined in Code Section 957, and neither the Company nor any of its Subsidiaries has had or will have any subpart F income within the meaning of Section 954 of the Code in any taxable year, including its current taxable year.

  • The Company (A) is not and has not been a ‘‘controlled foreign corporation’’ as defined in Code Section 957, (B) is not and has not been a “passive foreign investment company” within the meaning of Code Section 1297, and (C) does not have a permanent establishment (within the meaning of an applicable Tax treaty) or otherwise has an office or fixed place of business in a country other than the United States.

Related to Code Section 957

  • Code Section 409A means Section 409A of the Code and the regulations and guidance promulgated thereunder.

  • the Code means the Pension Regulator’s Code of Practice No 14 governance and administration of public service pension schemes.

  • Code means the Internal Revenue Code of 1986, as amended.

  • IRC means the Internal Revenue Code of 1986, as amended.

  • Section 409A of the Code means the nonqualified deferred compensation rules under Section 409A of the Code and any applicable treasury regulations and other official guidance thereunder.